Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers

AI Summary Quantum Solutions more than doubled its authorized Ethereum (ETH) sale cap to 4,375 ETH on July 30, as subsidiary GPT Pals Studio sold another 1,000 ETH at $1,903 per token. The sale generated $1.9 million in proceeds and is expected to result in an accounting loss of approximately JPY 17 million ($100,970). The proceeds will The post Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers appeared first on BeInCrypto . fulltext: 439 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/quantum-solutions-eth-sale-ai-pivot/ Source: BeInCrypto